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International Business Times
International Business Times
Politics
Jack Quinn

YOU WONT BELIEVE: Chevron exxon responses diverge amid venezuela guyana border buildup - What They Never Told You

The Essequibo region, known to Venezuelans as Guyana Esequiba, is home to nearly all of Guyana's oil and gas deposits. (Credit: AFP)

Venezuelan President Nicolás Maduro is currently amassing armed forces along the border with Guyana following a controversial referendum to annex 74% of the country's land area, greatly complicating the long term positions of ExxonMobil and Chevron in the region.

Sunday's referendum to annex Guayana Esequiba (Essequibo in English), a sparsely-populated territory home to and the vast majority of Guyana's only recently exploited oil resources, passed with 90% support from Venezuelan voters, according to government sources.

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